AAU need to make a company transforming buy like EON just did and they have the financial capacity to do so but have very conservative management. If they don't I see another more aggressive company taking them over and the major shareholder & founder may just lose patience and sell out.
They are on the cusp of a drawn out turn-around and represent outstanding value...there is no other way to state this stock is cheap cheap... but certainly not going broke....my bet is takeover in the next 6-12 months if profits don't improve.
I'm in at 49c
worth a punt, page-4
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.986M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $13.90K | 3.615M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 38594234 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 6099789 | 8 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AAU (ASX) Chart |